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Read the latest headlines about developments in international organizations, companies and institutions operating in Vienna, Austria
Weekly Briefing: Former Austrian Chancellor Kurz Incriminated
The Find out more about this week's developments. Former ÖBAG head Thomas Schmid incriminates former Chancellor Sebastian Kurz before public prosecutors for corruption. Austria forges new partnerships with other states against illegal migration. Read about the latest developments in diplomacy in Vienna and Austria.
October 20, 2022
Promising Austrian Start Ups Receive Important European Innovation Funding
The European Innovation Council (EIC) Accelerator programme is designed to help Europe's most promising innovators achieve an international market breakthrough. Four Austrian companies are also among the 75 start-ups that have received funding.
October 19, 2022
Vienna Among Europe's Most Expensive Cities
Living in cities is expensive. A study by management consultants Mercer ranks the most expensive cities in the world. Vienna is ranked high as one of the most expensive cities in Europe. Read on if you want to know where life is most expensive.
October 18, 2022
Vienna Airport Affected by Eurowings Pilots' Strike
The strike by Eurowings pilots continues, and passengers in Vienna are also affected. After the strikes it has become known that already 18 flights have been canceled, will not be carried out tomorrow another 14 flights, the airport announced. Destinations in Germany such as Düsseldorf, Hamburg, Cologne and Stuttgart are particularly affected.
October 17, 2022
City of Vienna Establishes Energy Crisis Unit
The City of Vienna established an advisory committee on energy supply, which will work as a crisis unit on energy supply issues. Together with the crisis unit that has existed since the Covid pandemic, it is to accompany the preparations for the winter and make proposals for measures to secure energy supplies.
October 17, 2022
Austria Increases Contribution to World Food Program to 60 Million Euros
The Russian invasion of Ukraine has brought the issue of food supply into global focus. Therefore, the Austrian Federal Ministry of Agriculture and Forestry budget will be increased to 20 million euros annually from 2023-2025. A strategic partnership between Austria and the World Food Programme (WFP) is also in the works.
October 16, 2022
Every Third Austrian Had to Suffer Income Losses in the Last Year
The COVID-19 pandemic and the many current crises have left a mark on the Austrian population. According to a recent survey, more than one third of Austrians suffered a loss of income within the last 12 months.
October 14, 2022
Austrian Foreign Minister at the Young Entrepreneurs Summit in Germany
Austria's Foreign Minister Alexander Schallenberg took part in the Young German Entrepreneurs Summit this year. The annual event took place this year under the motto "The World in Transition" and focused on the economic and social consequences of the Russian invasion of Ukraine.
October 14, 2022
Weekly Briefing: Reelection of President Van der Bellen
The Find out more about this week's developments. The Austrian president has been re-elected and diplomacy is in full swing in Vienna. Various diplomatic forums and conferences were held. Read about the latest developments in diplomacy in Vienna and Austria.
October 13, 2022
Jewish Museum in Vienna Shows Political Acts of Contrition
The Jewish Museum Vienna is showing a video installation by film artist James T. Hong as the museum's first project to have more influence on social discourse. The exhibition "Apologies" displays apologies by heads of state for crimes approved or ordered by the state.
October 12, 2022
Austria Calls for Common European Gas Price Cap at EU Summit in Prague
At the first meeting of the "European Political Community", the informal summit of EU heads of state and government in Prague, Austria attracted particular attention by wanting to define a common EU gas price cap. For Austria's Chancellor Karl Nehammer it was clear in Prague that there would be "no embargo via the back door" when it comes to Russian gas.
October 11, 2022
Vienna Airport to Run CO2-Neutral Business in the Future
At a recent meeting, international airports agreed to become carbon neutral by 2050. This also applies to the airport in Vienna-Schwechat. However, this airport is pursuing a much more ambitious goal: it wants to be completely CO2 neutral by 2023.
October 11, 2022
Austria's Economy Threatens to Fall Into Stagflation
After the recovery of the national economy in the previous year as well as in the first half of 2022, the Economic Research Institute and the Institute for Advanced Studies see Austria in a downturn phase. Stagflation is looming next year.
October 10, 2022
Foreign Companies Provide Every 5th Job in Austria
A new statistic examines the question of how many jobs in Austria depend on foreign companies and what share these companies have in the Austrian economy. Read on if you want to know more!
October 8, 2022
Weekly Briefing: Presidential Elections in Austria
The Find out more about this week's developments. In Austria, the presidential elections will be held on Sunday. There are new diplomatic and economic developments in Vienna. And there is new art in town! Read about the latest developments in diplomacy in Vienna and Austria.
October 6, 2022
Sanctions: 200 Russian Bank Accounts Frozen in Austria
In the course of the sanctions against Russia due to the invasion of Ukraine, about 200 accounts in Austria have already been frozen. This means that assets of one billion euros are affected.
October 5, 2022
German-Austrian Technology Forum Deals With Change Towards Sustainable Economies
The question of industry in a more sustainable world has been a key issue in business for many years. Now, the German Chamber of Commerce in Vienna organised an event that invited industry representatives to discuss the shift towards sustainable business.
October 3, 2022
International Atomic Energy Agency and its 66th General Conference
Many issues were discussed at the 66th General Conference of the IAEA, held in Vienna. The theme of "Global Cooperation in the Nuclear Field" focused not only on nuclear security, the future of nuclear technologies, and the role of the IAEA but also on global nuclear security issues, such as Iran's and North Korea's nuclear programs as well as recent Russian nuclear threats.
October 1, 2022
Weekly Briefing: 66th General Conference of the International Atomic Energy Agency
The Find out more about this week's developments. Diplomacy is working at full speed and is already preparing exciting glimpses of the fall. The IAEA is holding its 66th General Conference and there are new economic developments in Austria. Read about the latest developments in diplomacy in Vienna and Austria.
September 29, 2022
How International Direct Investment and Skilled Workers Influence the Austrian Economy
A new study deals with the question of the extent to which foreign companies and workers influence Austria's value creation. The results show a clear outcome. Read on if you want to learn more!
September 28, 2022
Austria's Economy Demands Help with Energy Crisis
Many companies in Austria are currently struggling with the high energy prices. Now the Austrian Federal Economic Chamber and the Federation of Austrian Industries are calling for political intervention to prevent company closures.
September 27, 2022
European Cooperation with Austria's Educational Institutions
During an Erasmus+ networking meeting, the new European digital hub "European School Education Platform" was presented at a gala event. Furthermore, the European Innovative Teaching Awards (EITA) were awarded to three Austrian schools.
September 25, 2022
Weekly Briefing: New Ambassadors in Vienna
The Find out more about this week's developments. In Vienna, several new ambassadors were accredited, who will represent their respective countries bilaterally as well as multilaterally at the OSCE and the international organizations in Vienna. Read about the latest developments in diplomacy in Vienna and Austria.
September 22, 2022
Global Wealth Report: Austrian Financial Wealth Increased
A new analysis of global wealth shows that private financial assets have increased internationally, but also in Austria. In this article you can find out how strongly Austria's economy has developed in recent years and how much the average Austrian has in his or her bank account.
September 21, 2022
Weekly Briefing: Bilateral Diplomacy in Vienna
The Find out more about this week's developments. Diplomacy is back from the summer break in Vienna. The bilateral relations in Vienna produced some meetings, demonstrating that diplomacy is always present in Vienna. Read about the latest developments in diplomacy in Vienna and Austria.
September 15, 2022
Lufthansa and OMV Cooperate Over Sustainable Aviation Fuel
OMV, the international integrated oil, gas and chemical company headquartered in Vienna, and Lufthansa Group are expanding a partnership on sustainable aviation fuels. Germany's Lufthansa plans to stock up on sustainable aviation fuel (SAF) from OMV in the future.
September 13, 2022
Austria's Best Wines Are Awarded
One of the most famous Austrian wine competitions has tested 275 wines this year. SALON as the competition is called has chosen 21 of them as winners. For the first time, the wines were tasted and evaluated according to their origin and not by grape variety.
September 12, 2022
Austrian Gas Storage Facilities Over 70 Percent Full
Austria's gas storage facilities are already more than 70 percent full. The contingency plans to secure gas supplies that were put into action as a result of the war in Ukraine and the ongoing energy crisis go according to plan as announced by Austria's government.
September 12, 2022
Weekly Briefing: Latest Developments in Diplomacy
The Find out more about this week's developments. Austrian policymakers are concerned with inflation and energy issues. Read about the latest developments in diplomacy in Vienna and Austria.
September 8, 2022
Austrian Government has Agreed on Electricity Price Brake
The Austrian federal government has agreed on the long-discussed "electricity price brake" to cushion the high cost of energy. According to information from the federal government, each household will pay a lower electricity price for that share of electricity consumption which corresponds to 80 percent of the average consumption of an Austrian household in the previous year.
September 7, 2022
IAEA Warns of Nuclear Accident at Ukraine's Zaporizhzhya Nuclear Power Plant
The IAEA is highly alarmed by conditions at the Russian-occupied Ukrainian nuclear power plant in Zaporizhzhya, where staff overload and central warning and alarm systems threaten human error that could trigger a nuclear accident. To secure Europe's largest nuclear power plant, immediate measures, including a safety zone around the plant, are to be introduced to prevent a disaster.
September 6, 2022
Austria Wants Covid Vaccine Contracts Renegotiated
Austria's Health Minister Johannes Rauch wants to renegotiate existing CoV vaccine contracts. Rauch said he wants to negotiate more flexibility with vaccine manufacturers at the informal meeting of EU health ministers in Prague.
September 6, 2022
OPEC+ Decides on Slight Cut in Production
The alliance of oil exporting countries cuts production. Saudi Arabia and Russia are sending a clear signal to the West. With the cutback, the hopes of oil importers in Europe that they would at least be relieved of the burden of crude oil in the face of rapidly rising gas prices are fading.
September 5, 2022
New School Year 2022/23 Starts in Vienna with New Challenges
The new school year begins in Vienna and eastern Austria. In addition to the Corona challenges and the energy crisis, which have almost become the norm, compulsory schooling for all Ukrainian children is now coming, and voices have already been heard that a shortage of teachers is imminent.
September 4, 2022
Weekly Briefing: IAEA Finally Sent Mission to Ukraine
The Find out more about this week's developments. The IAEA finally sent its mission to Ukraine's Zaporizhzhya nuclear power plant and will build a continued presence at the nuclear site. Read about the latest developments in diplomacy in Vienna and Austria.
September 1, 2022
IAEA Will Maintain a Continued Presence at Ukraine's Zaporizhzhya Nuclear Power Plant
Experts from the International Atomic Energy Agency (IAEA) began inspecting Ukraine's Zaporizhzhya nuclear power. As IAEA chief Rafael Grossi said on Twitter, some of his colleagues will stay at the power plant site for several days and establish a continued IAEA presence.
September 1, 2022
Austria's President Van der Bellen Brings in Experts on Energy and Climate Issues as Advisors
Ex-Verbund boss Wolfgang Anzengruber and Wifo economist Angela Köppl are volunteering their expertise to Austrian President Van der Bellen. According to the Federal President's Office, the war in Ukraine and inflation, as well as the slowly emerging energy crisis in Europe, call for expert advice on energy economics and climate issues.
August 31, 2022
Crisis Around Viennese Energy Supply Company "Wien Energie"
Austria's largest energy supplier urgently needs money to hedge forward transactions. Otherwise, the company would have to realize huge losses.
August 30, 2022
IAEA Finally Sends Assistance Mission to Zaporizhzhya Nuclear Power
After months of negotiations and back and forth, the IAEA Support and Assistance Mission to the Zaporizhzhya Nuclear Power Plant in Ukraine is finally setting off from Vienna. The mission itself is headed by International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi and the Agency is proud of the diplomatic success.
August 29, 2022
Austrian Chancellor Nehammer Calls for EU-27 to Stand Together for European Electricity Price Cap
Given the sharp rise in energy prices, Austrian Chancellor Karl Nehammer is calling for a European electricity price cap to "finally" put a stop to "this madness that is currently taking place on the energy markets. According to Nehammer. this is only possible through a European solution.
August 29, 2022
Weekly Briefing: Latest Developments in and Around Diplomacy
The Find out more about this week's developments. Last week was turbulent for the most important matters of diplomacy in Vienna. The war in Ukraine, the European Forum Alpbach or the efforts of international organizations in Vienna towards peaceful solutions shows once again how multifaceted diplomacy is. Read about the latest developments in diplomacy in Vienna and Austria.
August 25, 2022
Ars Electronica Festival 2022 on Art as a Theater of War
Together with the Austrian Ministry of Foreign Affairs, Ars Electronica's "Welcome to Planet B" festival offers artists who are threatened, persecuted and oppressed because of the political dimension of their works a space on its online platform entitled "State of the ART(ist)".
August 23, 2022
French Investor Meridiam Establishes Joint Venture with Magenta Telekom for Glass Fiber Expansion in Austria
Magenta Telekom and French investor Meridiam have agreed to establish a strategic partnership for Austria's largest private fiber expansion initiative. By 2030, the companies will invest 1 billion Euros in the roll-out of more than 650,000 new high-speed Internet connections for households and businesses.
August 23, 2022
ICARST 2022: Applying Radiation Science and Technology in Everyday Life
The International Conference on Radiation Science and Technology (ICARST) organized by the IAEA will be held this week in Vienna. Determining the presence of microplastics in environmental samples, removing pesticides from agricultural soil and studying how to grow tomatoes in outer space are all possible thanks to radiation techniques and will be discussed.
August 22, 2022
Weekly Briefing: New Economic Developments
The Find out more about this week's developments. The war in Ukraine is also making itself increasingly felt in the Austrian economy. In Vienna, there are new developments in the day-to-day business of diplomacy. Read about the latest developments in diplomacy in Vienna and Austria.
August 18, 2022
Vienna Increases Fees for Public Services
The City of Vienna increases the fees for water, sewage, waste disposal as well as the prices of parking tickets. The adjustment of tariffs for municipal services is made in Vienna based on the applicable valorization law.
August 18, 2022
Austria's Gas Storage Facilities Almost 60 Percent Full
As a result of the war in Ukraine, contingency plans are being put in place in Europe, as well as in Austria, to secure gas supplies. Gas storage facilities in Austria are 59.83 percent full. This means that a total of 57.2 terawatt hours (TWh) of natural gas is stored in domestic storage facilities.
August 17, 2022
Embassy of Turkey in Vienna Participated in the Program "100 Jahre Bildung für Wien"
Yusuf Yıldız, Counsellor for Education of the Embassy of Turkey in Vienna participated in the program "Come together 100 years of education" organized by the Vienna Directorate of Education on the occasion of the 100th anniversary of the establishment of the Vienna Directorate of Education.
August 16, 2022
Trade Relations With the USA: Exports and Investments of Austrian Companies on a Strong Upswing
Austrian companies are increasingly exporting to the USA. It is already their largest overseas market and mutual bilateral investments are steadily increasing. Read on to find out what influences the positive growth dynamics and why Austrian products are in such demand in the US.
August 16, 2022
Space Diplomacy: Moldova Deploys First Satellite from International Space Station
The Republic of Moldova successfully deployed its first satellite, TUMnanoSAT, from the International Space Station (ISS). Under the KiboCUBE program, the United Nations Office for Outer Space Affairs (UNOOSA) and the Japan Aerospace Exploration Agency (JAXA) contributed to this achievement.
August 15, 2022
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